Feb 11, 2016 at 14:04 | Source: CNBC
"Similar to the US banking system in its approach to the Global Financial Crisis (GFC), China's banking system has increasingly pursued excessive leverage, regulatory arbitrage, and irresponsible risk taking," Bass, the founder of Dallas-based Hayman Capital, wrote in the letter dated Wednesday.
Feb 11, 2016 at 07:46 | Source: Reuters
The following are highlights of Federal Reserve Chair Janet Yellen's question-and-answer session on Wednesday before the U.S. House Financial Services Committee, where she delivered the central bank's semi-annual monetary policy report to Congress.
Jan 29, 2016 at 13:42 | Source: Moneycontrol.com
Crude oil prices have slumped from US$110/barrel in Feb 2014 to a 12 year low of nearly US$28/barrel today a fall of nearly 75%. Compared to this, the price of retail petrol price in Delhi has changed from INR73.1/litre to INR60.04/litre during the same period a change of only 18%.
Jan 29, 2016 at 11:19 | Source: Reuters
Gross domestic product probably rose at a 0.8 percent annual rate, according to a Reuters survey of economists, also as a strong dollar and tepid global demand hurt exports, and lower oil prices continued to undercut investment by energy firms.
Jan 27, 2016 at 16:16 | Source: PTI
"Through 2040, we see China, India and other non-OECD countries home to seven-eighth of the world's population needing much more energy to fuel economic development and rising living standar
Jan 25, 2016 at 11:23 | Source: PTI
About 75 percent of the market players and investors polled expect India's economic growth to be in the range of 6.5-7.5 percent over the next 12-18 months.
Jan 22, 2016 at 15:42 | Source: PTI
"Falling crude oil price provide us a headroom for increasing excise duty on petrol and diesel. It will help in meeting fiscal deficit target of 3.9 percent for the current fiscal," said an official source.
Jan 22, 2016 at 09:48 | Source: CNBC
The bank cut its 2016 global growth forecast to 2.7 percent from 2.8 percent and slashed its outlook for the US, UK and Canada, plus several emerging markets including Russia, South Africa, Brazil and Mexico.
Jan 20, 2016 at 08:05 | Source: Reuters
The number of foreign companies rating their business profitable dropped to a five-year low in 2015, while 45 percent of about 500 respondents in the American Chamber of Commerce in China's annual survey reported that revenues in 2015 were down or remained flat from a year earlier.
Jan 20, 2016 at 07:45 | Source: Moneycontrol.com
US stocks closed mixed, stabilizing after a sharply lower start to the year. The S&P 500 held above its August low of 1,867. Europe, though, ended with 1 percent gains